Public holiday on 15th August

Please be informed that our office will be closed on 15th August due to a Polish national holiday.

A number of our employees will, however, still be accessing their e-mails. Should you have any urgent matters that require attention, please feel free to contact our partners on their mobile phones (the contact details are available in the “Our team” section of our website).

 

/SEK/

Public holiday on 16th June

Please be informed that our office will be closed on 16th June due to a Polish national holiday.

A number of our employees will, however, still be accessing their e-mails. Should you have any urgent matters that require attention, please feel free to contact our partners on their mobile phones (the contact details are available in the “Our team” section of our website).

 

/SEK/

Public holiday on 3rd May

Please be informed that our office will be closed on 3rd May due to a Polish national holiday.

A number of our employees will, however, still be accessing their e-mails. Should you have any urgent matters that require attention, please feel free to contact our partners on their mobile phones (the contact details are available in the “Our team” section of our website).

 

/SEK/

Public holiday on 1st November

Please be informed that our office will be closed on 1st November due to a Polish national holiday.

A number of our employees will, however, still be accessing their e-mails. Should you have any urgent matters that require attention, please feel free to contact our partners on their mobile phones (the contact details are available in the “Our team” section of our website).

 

/SEK/

Public holiday on 3rd June

Please be informed that our office will be closed on 3rd June due to a Polish national holiday.

A number of our employees will, however, still be accessing their e-mails. Should you have any urgent matters that require attention, please feel free to contact our partners on their mobile phones (the contact details are available in the “Our team” section of our website).

 

/SEK/

Lexology GTDT: Market Intelligence – Shipping 2020

We are pleased to inform you that our Law Firm is one of the co-authors of “Lexology GTDT: Market Intelligence – Shipping 2020” – a comprehensive legal guide with a perspective on the conditions and regulations concerning the shipping market in Poland. The article discusses present day problems connected to shipping and the global trends affecting the Polish maritime sector, specifically focusing on the current state and the overall outlook of the shipping industry.

 

You are welcome to download the article from the link: http://rgcolegal.com/z8cq5fxa10/2020_MI_Shipping_Poland.pdf.

Project for strengthening surveillance in capital companies.

In accordance with the proposed changes contained in the project of the Act amending the Act – the Code of Commercial Companies and certain other acts, new regulations are going to be introduced in capital companies with the view to strengthen surveillance in capital companies.

The proposed changes should increase the efficiency of corporate supervision carried out by the supervisory boards of capital companies, and this in turn could contribute to reducing the risk associated with the business activities of these entities, as well as eliminating recurring cases of abuse related to the business operations of companies.

The grounds for the proposed change (which are available on the website of the Government Legislation Centre) indicate that it is the body of the supervisory boards which will exercise all ongoing supervision over the activities of capital companies. Granting supervisory boards of capital companies additional controlling powers could, therefore, contribute to an improvement of the perception of these entities from the perspective of domestic and foreign capital donors.

The project for strengthening surveillance in capital companies includes, among other things, imposing the obligation to provide specific information to the supervisory board by the management board upon the management board’s own initiative; the right of the supervisory board to request the preparation or submission of information, documents, reports, or explanations; the introduction of an advisor to the supervisory board; the requirement to obtain the consent of the supervisory board in order to conclude any transaction of significant value, as well as the introduction of the principle of a business assessment of a given situation.

The draft of the Amendment to the Commercial Companies Code was submitted for public consultations on 5th August 2020 and these consultations will last for 45 days from the date of publication of this draft in the Public Information Bulletin. However, according to the content of Article 6 of the Amendment to the Commercial Companies Code, this act will enter into force three months after its announcement.

 

/ADK/

New act on the registration of yachts and other vessels up to 24m in length.

On 1st August 2020, the Act of 12th April 2018 on the registration of yachts and other vessels up to 24m in length (hereinafter: the “Act“) entered into force.

The Act defines the obligation for registration for each yacht or vessel used for amateur fishing (which is at least 7.5m long or mechanically propelled with a power of at least 15 kW), fishing vessel, or vessel used for sailing outside the territory of Poland, provided that the above-mentioned vessels do not belong to any country other than Poland.

However, human-powered vessels are not subject to this mandatory registration.

The registration authority is the “starost” or the relevant Polish sports association. In order to register a vessel, the owner has to submit an application for the registration and the issuance of the registration document to the appropriately selected registration authority. When registering a vessel, the authority will provide the vessel with an individual identification number (INI) which cannot be changed during the vessel’s lifetime, as well as issuing a verification mark. It is the duty of the vessel’s owner to apply the verification mark on the vessel without delay.

Should the owner of the vessel failure to comply with the obligations imposed by the Act, or provide false information to the registration authority, said owner will be liable to a fine.

 

/JF/